Echo Entertainment, operator of The Star Casino, has expressed that it is confident with its bid to expand its gambling venue in Sydney. For weeks, the company has been competing with Crown Casinos, as the casino operators both wish to expand Sydney’s gambling market.
Although both companies have been told to scale back the competition, Echo CEO John Redmond has spoken out once more to express his confidence that his company’s proposal will prevail. It seems that Redmond wants to have the last word, after he was accused of being drunk at work last week.
The rumours arose two weeks away from the proposal deadline, a slanderous tactic that was likely launched to compromise Echo Entertainment’s proposal. He has recently spoken out against these claims, and continues to stand by his company’s proposal for the expansion of Sydney’s gambling market. “We took the time to ensure that this is the most compelling tourist magnet that has ever been developed,” Redmond says.
Crown Casino’s proposal aims to please high roller gamblers. The casino is aimed at attracting millionaires from Asia, as that particular market has been interested in the Australian gambling market for quite some time. The casino will be quite exclusive, refusing to offer stakes that would appeal to the average player and poker machines.
Since Australian casinos have been competing over business from high roller players, Crown Casino’s proposal aims to corner the market. Echo Entertainment feels that this will be the deal breaker for Crown Casino’s proposal, as the company predicts that NSW politicians will want to approve an expansion that will appeal to all types of gamblers.
As such, Echo Entertainment will propose a casino resort that will have something for everyone. The company is also confident that its location will continue to attract international and local players.
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